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07/03/09 <br />DEVELOPMENT CONTRACT <br />HUOT AllllITION <br />THIS CONTRACT, MADE THIS day of , 2009, by and between the <br />City of Little Canada, a municipal corporation of the State of Minnesota (hereinafter referred to <br />as the "City") and Pinot Properties, LLC., a Minnesota Limited Liability Corporation, owner and <br />subdivider (hereinafter referred to as the "Developers"). <br />WITNESSETH: <br />WHEREAS, Developers are the owner of property situated in the City of Little Canada, <br />County of Ramsey, to be platted as Iluot Addition. <br />WHEREAS, Developers were granted approval of the Preliminary for 1~Iuot Addition <br />pwsuant to Resolution Number 2009-2-43 adopted by the City Council of Little Canada at their <br />meeting of February 25, 2009. <br />WHEREAS, Developers were granted approval of the Final Plat for Huot Addition <br />pursuant to Resolution Number 2009-6-136 adopted by the City Council of Little Canada at their <br />meeting oPJune 25, 2009. <br />WHEREAS, Developers propose the construction of certain improvements within said <br />Plat. Said improvements include the general improvements to serve the Plat (hereinafter <br />individually and collectively referred to as the "Required Improvements"). <br />WHEREAS, the Developers have prepared final plans and specifications for the <br />Required Improvements; and <br />_1_ <br />